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Technology Stocks : Newbridge Networks
NN 12.64+3.2%Nov 14 9:30 AM EST

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To: pat mudge who wrote (9000)1/12/1999 8:48:00 PM
From: Benny Baga  Read Replies (1) of 18016
 
Hey Pat! How are you doing?

I found this story and thought I would pay you a visit.

nt.excite.com

and just FYI on Lucent's announcement on Monday it agreed to buy privately-held Kenan Systems Corp, a billing software company, for $1.4 billion.....Wheat First published a report this morning using the Lucent purchase of Kenan for valuation of CheckFree. Kenan sold for 8.5 times revenue...which would put CF at around $38.

Best Wishes,

Benny
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